The impact of the Lavington glass plant closure might not be as severe as once thought on Coldstream taxpayers. District council has approved a provisional budget with a 2.5 percent tax hike, lower than the four percent needed to make up the $175,000 lost tax revenue from the closure. Outgoing mayor Gary Corner says over a million dollars in capital works projects are still in the plans, but others have been put on the shelf. "We've put some projects aside for now and when the new council comes in, they will deal with those projects in the future." The average Coldstream homeowner will be shelling out an extra $20 a year, if the increase stays at 2.5 percent.
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